Analyst Ratings For Manhattan Associates
Portfolio Pulse from Benzinga Insights
Analyst ratings for Manhattan Associates (NASDAQ:MANH) show a mix of bullish to bearish sentiments, with a recent trend towards neutral evaluations. Over the last quarter, 6 analysts have provided ratings, with the majority being indifferent. The 12-month price targets suggest an upward trend, with the current average target at $239.17, indicating a 9.31% increase from the previous average of $218.80. Recent analyst actions include maintaining, raising, and announcing neutral to buy ratings, with price targets ranging from $215.00 to $260.00. Manhattan Associates, a provider of supply chain and omnichannel software, has shown strong financial performance with a revenue growth rate of 20.27%, a net margin of 20.46%, and impressive ROE and ROA figures.
April 15, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analyst ratings for Manhattan Associates show a mix from bullish to bearish, with a recent trend towards neutral. The 12-month price targets indicate a positive outlook with a 9.31% increase to an average of $239.17. The company's strong financial performance, including a 20.27% revenue growth and high profitability metrics, supports a positive short-term impact.
The mixed analyst ratings with a recent trend towards neutral evaluations reflect a cautious optimism among analysts, which is supported by the company's strong financial performance. The upward trend in the 12-month price targets, combined with the company's solid revenue growth, high net margin, and impressive ROE and ROA, suggests a positive short-term impact on the stock price. The company's strong financial health, indicated by its low debt-to-equity ratio, further supports this positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100